# The Energy Administration Rules 2005, Article 34: Authority to dispose of property

Extent: E+W

(1) The following applies where the energy administrator applies to the court under paragraphs 71 or 72 of Schedule B1 to the 1986 Act for authority to dispose of property of the protected energy company which is subject to a security (other than a floating charge), or goods in the possession of the protected energy company under a hire purchase agreement.
(2) The court shall fix a venue for the hearing of the application, and the energy administrator shall as soon as reasonably practicable give notice of the venue to the person who is the holder of the security or, as the case may be, the owner under the agreement.
(3) If an order is made under paragraphs 71 or 72 of Schedule B1 to the 1986 Act the court shall send two sealed copies to the energy administrator.
(4) The energy administrator shall send one of them to that person who is the holder of the security or owner under the agreement.
(5) The energy administrator shall send a Form EA17 to the registrar of companies with a copy of the sealed order.

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Source: https://www.legislation.gov.uk/uksi/2005/2483/article/34 (the official version)
Page: https://openlegislation.uk/energy-administration-rules-2005/article-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.